Fed Govt moves to revitalise automotive components manufacturing sector

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The Nation Newspaper Fed Govt moves to revitalise automotive components manufacturing sector

, said there is a need to revitalize the automotive components manufacturing sector in Nigeria for economic growth, job creation, and technological advancement.

Stakeholders including the government must collectively devise the most effective strategies to breathe new life into vehicle components manufacturing within our borders. “We need to identify reliable sources of raw materials and suppliers for our component manufacturers. This entails exploring both domestic and international avenues to secure a steady supply chain that can meet the demands of our growing industry. There is also a need to address critical issues of funding, as access to finance is often cited as a major hurdle for businesses in this sector.

 

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